“Wealthy home buyers are quickly running out of mansions to buy.”
If you’re one of those who thought the real estate market was in the doldrums, you might want to look a little closer. Business television network CNBC featured a television segment and ran an article by reporter and editor Robert Frank on June 13, 2013.
“While housing inventory is falling throughout the country, it’s falling especially fast in some of the country’s richest ZIP codes,” says Frank.
Buyers considering Denver Country Club Luxury Homes For Sale are finding the trend rings true.
In recent months, buyers have begun to snap up properties in many of the wealthiest locales. This includes areas like Carmel and Pebble Beach, California, Old Greenwich, Connecticut, and Palm Beach, Florida, among pricey mansions from east to west.
Located just west of the upscale Cherry Creek shopping center, the Denver Country Club area is home to many of the most discriminating home owners in the Denver area. Designed and begun in 1909 by Frederic Law Olmstead Jr., a renowned Boston architect, the neighborhood is characterized by large residential lots, wide, tree-lined streets, and convenience to the Denver Country Club.
Homes in the Denver Country Club neighborhood include architectural styles such as Mediterranean, Georgian, Swiss Chalet, Craftsman, French Chateau, Spanish, and Dutch Colonial. Designated as a Denver Historic District, lovely Victorian homes and spacious Denver Squares are also featured.
Although homes needing updating or repairs are available beginning at $1.5 million, more luxurious, remodeled homes begin at $2.5 million and head upwards.
According to Zillow.com, “Denver Country Club” is one of the top ten most often searched U.S. neighborhoods.
With current markets making the more exclusive homes in greater demand, the supply of homes that appeal to the higher-end client is dwindling. If you’re looking for a luxury home in Colorado or the surrounding areas, Metro Denver Luxury Homes offers one of the easiest-to-use websites available. Whether you dream of homes with room for horses, a fabulous pool, luxury home features, or a retreat from the ordinary, RE/MAX is the premier Denver Home Real Estate service.
Contact Metro Denver Luxury Homes to see how we can help you with your next home purchase.